Watch the National Oilseed Processors Association (NOPA) soybean crush report being released at 11 AM today. The trade estimate is for 177.1 million bushels. This would imply nationwide crush of 188 million bushels–a new record for October. In the first two months of this year, crush is estimated to be running 10 million bushels higher than last year. The key: With larger crush, will soybean oil inventories increase?
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